New £6,240 HMRC personal tax-free allowance on table under Andy Burnham

Mr Burnham has warned that “difficult decisions” would have to be taken to fund his ambitious plans for social care reform.

New data has been released07:02, 31 Jul 2026Updated 07:03, 31 Jul 2026Retired people paid approximately £8bn in additional tax last year after a freeze on personal allowances pushed individuals into higher tax brackets, according to newly released figures. The total tax paid by those in retirement rose from £21.1bn to

Savers flock to 'valuable' ISAs as tax-free allowance to be SLASHED in HMRC raid  GB News

A new House of Commons Library report has laid out the growing debate over whether Britain's State Pension tax rules need reform, as ministers come under pressure to rethink how older people are taxed.